NASDAQ:AMZN
ENTER 162 TP 165 AFTER EARNINGS
Amazon
Revenue Growth: Analysts expect Amazon’s revenues to rise 11.4% YoY in Q4 and hit a record high of $166.2 billion1. The company’s Q3 operating margin of 7.8% was the highest since early 20211.
Profitability: Amazon posted record net profits in Q3, and the metric almost hit a milestone of $10 billion1....
Fueled on META hype, COCOS saw a huge rally last week. After this huge rally, a strong correction was expected, and did indeed bring the price down to the $3 area.
The consolidation pattern appears to be a bull-flag triangle, higher lows and lower highs. With COCOS reversing from the support line earlier today, I'm betting on the price going up until the...
